Lender Acknowledgement Sample Clauses
A Lender Acknowledgement clause serves to formally recognize and confirm the lender's rights, interests, or involvement in a particular transaction or agreement. Typically, this clause requires the lender to acknowledge the existence of certain agreements, such as leases or contracts, and may specify the lender's consent to or awareness of these arrangements. By including this clause, the parties ensure that the lender's position is clear and undisputed, which helps prevent future disputes regarding the lender's rights or obligations in relation to the underlying agreement.
POPULAR SAMPLE Copied 1 times
Lender Acknowledgement. The Lender acknowledges that any wholly-owned subsidiary of the Borrower is a legal entity separate from the Borrower and the assets of any such subsidiary are not intended to be available to satisfy any obligations of the Borrower hereunder or under the Note.
Lender Acknowledgement. Each undersigned Lender, by its signature hereto, hereby authorizes and directs DBTCA in its capacity as Administrative Agent and as Collateral Agent to execute this Amendment.
Lender Acknowledgement. The Lender acknowledges that each of ▇▇▇▇▇ Capital BDC 2010-1 LLC (the “2010 Issuer”), ▇▇▇▇▇ Capital BDC CLO 2014 LLC (the “2014 Issuer”), ▇▇▇▇▇ Capital BDC Funding LLC (“Funding”), and ▇▇▇▇▇ Capital BDC Revolver Funding,
Lender Acknowledgement. The Lender acknowledges that the SPV is a legal entity separate from the Borrower and the assets of the SPV are not intended to be available to satisfy any obligations of the Borrower hereunder.
Lender Acknowledgement. The Lender acknowledges that any obligations of the Borrower hereunder are unsecured and are expressly subordinated and junior in right of payment to the Senior Indebtedness as more fully described in Section 22.
Lender Acknowledgement. The Lenders acknowledge that there may be a constant flow of information (including information which may be subject to confidentiality obligations in favor of the Borrower) between the Borrower and its Affiliates, on the one hand, and JPMorgan Chase Bank, N.A. and its Affiliates, on the other hand. Without limiting the foregoing, the Borrower or its Affiliates may provide information, including updates to previously provided information to JPMorgan Chase Bank, N.A. and/or its Affiliates acting in different capacities, including as Lender, lead bank, arranger or potential securities investor, independent of such entity’s role as administrative agent hereunder. The Lenders acknowledge that neither JPMorgan Chase Bank, N.A. nor its Affiliates shall be under any obligation to provide any of the foregoing information to them. Notwithstanding anything to the contrary set forth herein or in any other Loan Document, except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent herein, the Administrative Agent shall not have any duty or responsibility to provide, and shall not be liable for the failure to provide, any Lender with any credit or other information concerning the Loans, the Lenders, the business, prospects, operations, property, financial and other condition or creditworthiness of the Borrower or any of its Affiliates that is communicated to, obtained by, or in the possession of, the Administrative Agent or any of its Affiliates in any capacity, including any information obtained by the Administrative Agent in the course of communications among the Administrative Agent and the Borrower, any Affiliate thereof or any other Person. Notwithstanding the foregoing, any such information may (but shall not be required to) be shared by the Administrative Agent with one or more Lenders, or any formal or informal committee or ad hoc group of such Lenders, including at the direction of the Borrower.
Lender Acknowledgement. The Lenders and L/C Issuers hereby irrevocably authorize the Administrative Agent to enter into any Permitted Junior Intercreditor Agreement, and agree to be bound by the provisions of the Permitted Junior Intercreditor Agreement.
Lender Acknowledgement. By its execution and delivery hereof, each Lender acknowledges and agrees that they have received a copy of the Approved Bank Side Letter.
Lender Acknowledgement. The Lender acknowledges that each subsidiary of the Borrower, including New Mountain Finance Holdings, L.L.C., New Mountain Finance DB, L.L.C., New Mountain Finance SBIC, L.P., New Mountain Finance SBIC II, L.P., New Mountain Net Lease Corporation, NMF Ancora Holdings Inc., NMF QID Holdings, Inc., NMF YP Holdings Inc. and New Mountain Finance Servicing, L.L.C. (the “Subsidiaries”), and each portfolio company of the Borrower, including NMFC Senior Loan Program I LLC, NMFC Senior Loan Program II LLC and NMFC Senior Loan Program II LLC (the “Portfolio Companies”), is a legal entity separate from the Borrower and the assets of each of the Subsidiaries and Portfolio Companies are not intended to be available to satisfy any obligations of the Borrower hereunder or under the Note.
Lender Acknowledgement. The Lender acknowledges that:
(a) it has received a copy of the PPA; and
(b) the assignment by the Company to the Lender of the PPA pursuant to the Lender Security is subject in all respects to the terms and conditions of the PPA and this Agreement.